Banks to charge 50 sen to process a cheque from April 1


PETALING JAYA: Effective April 1, those issuing a cheque will be charged a 50 sen processing fee by commercial banks, said the Association of Banks Malaysia (ABM).

It said in a statement that the fee was in addition to the existing 15 sen stamp duty per cheque.

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Business , cheque processing fee , abm , 50 sen

   

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